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Singapore

POSSESSING financial knowledge alone does not solve financial problems. Rather, what is equally important is having the right attitudes towards money, said Michael Reyes, CEO of financial education company MoneyTree Asia Pacific.

"Give me the healthiest seed in the world, and plant it in the most infertile soil," he said. "It's not going to grow, because inherently there is something we have to fix. It doesn't matter what you're feeding into it."